News

Automotive Supplier Taeyang to Establish 76-Job Facility in Franklin

Gov. Matt Bevin announced today Taeyang Metal Industrial Co. Ltd., which makes fasteners and cold-rolled steel products for the automotive industry, will invest nearly $15.6 million and create 76 full-time jobs to establish a manufacturing plant in Franklin, the company’s first in the United States. “Taeyang is a well-respected, global company in the automotive industry and we are grateful that its executives have selected Kentucky for their initial US operation,” Gov. Bevin said. “We are confident Taeyang will find success [...]

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New Flyer of America to Locate Plant in Shepherdsville, Create up to 550 Jobs

Gov. Matt Bevin today announced New Flyer of America Inc. will create up to 550 full-time jobs as it invests $40 million to lease and upgrade a facility for bus parts fabrication in Shepherdsville. “New Flyer’s decision to locate in Kentucky further distinguishes the commonwealth as a top location for engineering and advanced manufacturing in the US,” Gov. Bevin said. “The significant number of jobs coming to Shepherdsville and surrounding communities through this investment will be a major economic driver [...]

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Aleris Opens $400 Million Aluminum Rolling Mill Expansion in Hancock County

Gov. Matt Bevin today congratulated Aleris Corp. and local leaders in Hancock County on opening a $400 million expansion that brings the Lewisport mill new capacity, equipment and expertise to produce aluminum auto body sheet for the automotive industry. “This investment by Aleris Corp. at its Lewisport mill is a tremendous compliment to the community and to Kentucky,” Gov. Bevin said. “Not only will this expansion ensure ongoing employment for nearly 1,000 Kentuckians, it will also help the state attract [...]

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KET forum addresses Kentucky’s workforce training needs

Kentucky faces a severe shortage of skilled workers and falls below the national average in workforce participation. Filling Kentucky Jobs: A KET Forum spotlights Kentucky’s need for a well-trained labor force and highlights programs across the state addressing workforce issues. Hosted by KET’s Renee Shaw, the one-hour, town-hall forum features leaders from Kentucky’s government, education, business and public policy sectors discussing how to address the state’s jobs gap. In addition to the panel discussion, the program also highlights efforts to increase Kentuckians’ employability [...]

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Fisher Phillips Blog Selected to Top 75 Health and Safety Blogs

The Fisher Phillips Workplace Safety and Health Law blog has been named as one of the best on the internet, according to Feedspot’s “Top 75 Health and Safety Blogs” ranking. Of the thousands of health and safety blogs reviewed, Fisher Philips was ranked 18th by Feedspot’s group of expert panelists. “Effective workplace safety and health management programs are crucial for a company’s success,” said Roger Quillen, Fisher Phillips’ chairman and managing partner. “We are proud of the Fisher Philips team [...]

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KAM Wins Environmental Sustainability Award

The Kentucky Association of Manufacturers (KAM) has been selected as the Kentucky Pollution Prevention Center (KPPC) Douglas C. Griffin Environmental Sustainability Award winner for 2017.  KPPC created the award in 2009 to recognize Kentucky entities that have demonstrated a commitment to the principles of sustainability and environmental stewardship. The award is presented each year in conjunction with National Pollution Prevention Week. Lissa McCracken, KPPC, presents Environmental Sustainability Award for 2017 to the Kentucky Association of Manufacturers. Greg Higdon and Lee [...]

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Toyota Unveils $80 Million Production Engineering Headquarters in Georgetown

Gov. Matt Bevin today joined Toyota executives and local officials in Georgetown to celebrate the opening of the company’s $80 million North American production engineering headquarters. More than 600 engineers at the new facility connect the dots between Toyota’s vehicle design teams and its factory production lines. Known as the Production Engineering Manufacturing Center, the Georgetown facility will also help innovate and develop new technology for Toyota’s manufacturing plants across North America. “Toyota’s impact on the Kentucky economy reaches every corner [...]

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The High Value of the Right Skills

Companies averaged a savings of $400,000 annually per technician, or six times a technician’s average salary, when they employed “precision” maintenance technicians and engaged precision maintenance practices, according to a recent report from the University of Tennessee Knoxville-Reliability and Maintainability Center (UT-RMC). Additionally, these advanced technical maintenance skills and properly trained technicians helped avoid about 50 percent of human-error-generated issues. It’s no secret that a skilled workforce can make a significant difference in profitability. It sounds simple and obvious, but [...]

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KAED Hires New President/CEO

  After a comprehensive search, the Kentucky Association for Economic Development (KAED) board of directors has announced that a new president/CEO has been selected. Matthew Tackett will join KAED on Oct. 23, just in time for the organization’s 50th Anniversary Celebration and Annual Conference, being held in Bowling Green Nov. 8-10. Tackett comes to KAED from the Kentucky Gas Association (KGA), where he served as executive director for the past seven years. Madison Silvert, chair, KAED executive board of directors, said, “Matt [...]

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Annual Workers’ Comp Filing Approved

Today, the Kentucky Department of Insurance (DOI) announced the approval of the 2017 rate filing used to develop rates for workers’ compensation coverage.  For the twelfth consecutive year, the filing shows an overall decrease in Kentucky’s loss costs.  A loss cost is the average compensation for lost wages based on the level of disability, plus medical benefit payments. DOI Commissioner Nancy Atkins attributes the decrease to the hard work of Kentucky employers and workers.  “We were very pleased to see [...]

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